Goldratt's Theory of Constraints - 2017

Overview: This applied to his logistics system, which another reference depicted as a "continent spanning conveyor," but continuous flow in his factories achieved the same purpose at the manufacturing level. This, and the relatively low inventories carried in the chemical process industries, shows that it is quite possible to go beyond the Theory of Constraints by looking for ways to eliminate variation in processing and material transfer times. Why should you Attend: No manufacturing process can work faster than its slowest operation, the constraint or capacity-constraining resource. This carries over into project management where no project can finish more rapidly than the events on its critical path. The implications in manufacturing include longer cycle times and more inventory, both of which make it more difficult to meet customer demands. Areas Covered in the Session: The constraint or capacity-constraining resource (CCR) limits the throughput of a manufacturing... Read more

Overview: This applied to his logistics system, which another reference depicted as a "continent spanning conveyor," but continuous flow in his factories achieved the same purpose at the manufacturing level. This, and the relatively low inventories carried in the chemical process industries, shows that it is quite possible to go beyond the Theory of Constraints by looking for ways to eliminate variation in processing and material transfer times. Why should you Attend: No manufacturing process can work faster than its slowest operation, the constraint or capacity-constraining resource. This carries over into project management where no project can finish more rapidly than the events on its critical path. The implications in manufacturing include longer cycle times and more inventory, both of which make it more difficult to meet customer demands. Areas Covered in the Session: The constraint or capacity-constraining resource (CCR) limits the throughput of a manufacturing process just as the critical path defines the minimum time in which a project can be completed. Variation in processing and material transfer times will reduce throughput because time lost at the constraint can never be recovered favorable variation does not offset unfavorable variation. Who Will Benefit: Manufacturing Managers Engineers Supply Chain Professionals Project Management Professionals Speaker Profile: William Levinson is the principal of Levinson Productivity Systems, P.C. He is an ASQ Fellow, Certified Quality Engineer, Quality Auditor, Quality Manager, Reliability Engineer, and Six Sigma Black Belt. He holds degrees in chemistry and chemical engineering from Penn State and Cornell Universities, and night school degrees in business administration and applied statistics from Union College, and he has given presentations at the ASQ World Conference, TOC World 2004, and other national conferences on productivity and quality. Contact Detail: Compliance4All DBA NetZealous, Phone: +1-800-447-9407 Email: support@compliance4All.com